Dr. Phil McGraw has filed a new motion after his media company, Merit Street Media, filed for bankruptcy protection.
After Merit recently filed for Chapter 11 bankruptcy, McGraw, 74, alleged in a new motion obtained by Us Weekly that the company’s former business partners are attempting to depress its values by filing “incendiary” and “inflammatory” court documents.
“From the outset of this Bankruptcy Case, both Movants entered into a ‘press strategy’ fueled in large part by incendiary pleadings they knew would be picked up by the media which, predictably, did occur,” the filing reads. “The ef...
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